The Federal Reserve has announced the expected half percentage point increase in its benchmark lending rate.  The increase was the biggest bump since 2000.  But that only brings the interest rate to .75%.  Compare that to an inflation rate near 10%.  The Federal Reserve is indicating a greater interest in protecting the stock market than.. read more →

Ouch! First quarter 2022 is going to leave a mark.  The 5th worst start to the year since 1929.  So, what caused the pullback across the major market indices? I will say Covid because it was still hanging around. But the real culprits were the worst inflation in 40 years, rising interest rates that reflected.. read more →